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Searching for entries matching reversal, looking in keywords for any words
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ADX based Trend/Reversal Regions

HI All,

I have created a simple indicator that "paints" regions on the chart based on ADX and EMA.

Very Simple algorithm:

Chart paints regions only when ADX is above a customizable level. Default is 15.

Region Color Green: ADX Rising; EMA Rising (Potentially Bullish Trending)
Region Color Blue: ADX Falling; EMA Rising (Potentially Reversal)
Region Color Red: ADX Rising; EMA Falling (Potentially Bearish Trending)
Region Color Yellow: ADX Falling; EMA Falling(Potentially Reversal)

You can use this indicator as a means of confluence with other strategies you may have.

I am new to this forum and my first attempt at publishing my program. Hence I am not aware of all caveats that I need to include here. But this is merely an indicator that portrays ADX Value and EMA Value movements. This is not by any means a suggestion to trade !!

Please provide your feedback and suggestions. Would appreciate that.

Thanks

Category The Elite Circle

Details: ADX based Trend/Reversal Regions
Category: The Elite Circle

April 26th, 2019
Size: 6.48 KB
Downloaded: 1090 times

Keywords: adx reversal trend

Reversal Bar Close Marker for NT8

A simple Close Marker for the Reversal Bar Type

Updated for NinjaTrader 8.0.12.0

Category NinjaTrader 8 Indicators and More

Details: Reversal Bar Close Marker for NT8
Category: NinjaTrader 8 Indicators and More

November 30th, 2016
Size: 2.09 KB
Downloaded: 942 times

Keywords: bars bartype close marker reversal

Reversal Bars for NT8 (BarType)

This bar type creates a new bar when price reverses by a pre-defined amount of ticks from the high/low of the bar. As soon as a new bar is created and price moves at least the amount of pre-defined ticks in one direction, the bar again, closes after a reversal of pre-defined ticks.

Version: 1.0 | Nov. 2016

The Close Marker can be found here.

Category NinjaTrader 8 Indicators and More

Details: Reversal Bars for NT8 (BarType)
Category: NinjaTrader 8 Indicators and More

November 6th, 2016
Size: 1.91 KB
Downloaded: 1170 times

Keywords: bars bartype reversal

UniRenko - Universal Renko BarType

This is my implementation of a Universal Renko bar type. It allows the user to choose when the bar closes in the direction of the previous bar (Trend), and when it closes in the direction against the previous bar (Reversal).

This allows you to tailor the bar to behave specifically how you want it in ways that hopefully may enhance your particular trading style. As an example, if I am a reversal trader, entering on reversal bars, and putting my stop behind the entry bar, I can choose trend and reversal settings that minimize the size of reversal bars, and therefore optimize my stop sizes, etc.

Parameters are:

'Tick Trend' - Number of ticks to close the bar in the Trend direction
'Tick Reversal' - Number of ticks to close the bar in the Reversal direction
'Open Offset' - Number of ticks offset to draw the artificial open

Like most Renko bars, the bar open is artificial, and is placed by default halfway up the previous bar. The open is aesthetic only, it is not used in the bar size calculation. The tails on the bar show real prices. The artificial Open may affect your backtesting depending on the coding of your strategy. Internally uses NT PeriodType.Custom5

V2:
To support Muti TimeFrame indicators/strategies using the Add() method, added an alternative way to specify all bar specs in the 'Tick Trend' parameter. You can now alternatively specify each parameter as 3 digits in the Data Series window 'Tick Trend' parameter or Add() method 'Period' parameter. For example to specify TickTrend=4 , TickReversal=8, OpenOffset=2 or (T4R8O2) then specify: 'Tick Trend'=004008002 in Data Series window, or Add(PeriodType.custom5, 004008002);' in your MTF code. The normal way of specifying the parameters will continue to work as well.

IMPORTANT UPDATE JULY 11 2013, "VERSION 3" -- FROM BIG MIKE:
July 11 2013: Please note, user "dstrader" has uploaded a crucial bug fix for this bartype. You can find the download link here: https://nexusfi.com/download/ninjatrader-7/indicators/1430-download.html?view

Note you must use that link to download V3.

You can find the discussion thread here: https://nexusfi.com/ninjatrader/24408-unirenko-universal-renko-bar-type-20.html

Category NinjaTrader 7 Indicators

Details: UniRenko - Universal Renko BarType
Category: NinjaTrader 7 Indicators

July 11th, 2013
Size: 2.08 KB
Downloaded: 4850 times

Keywords: bar unirenko trend renko bartype universal type reversal monpere

3 Bar Reversal 2a

I dug this up somewhere. You might find it useful.

2 different 3 bar reversal patterns are shown by this indie -

3 Bar Reversal Pattern
BuyColor(Cyan)
SellColor(Magenta)

Low(1)>=Low(2)
Low(3)>=Low(2)
Low(3)<=Low(4)
High>High(1) trigger magic tick
Note : I have deleted one definition of Low>Low(1) in the previous version

+++++++++++++++++++
suri 3 Bar Reversal
BuySuri(Blue)
SellSuri(Red)

Low(1)>Low(2)
High(1)>High(2)
Close(1)>Close(2)
High(3)>High(2)
High>High(3) trigger

Category MultiCharts

Details: 3 Bar Reversal 2a
Category: MultiCharts

March 21st, 2010
Size: 5.99 KB
Downloaded: 618 times

Keywords: bar reversal websouth

Reversal Bar_V2

Updated version of the original indicator posted by Cunparis. Same logic. I found that the colors were not serialized and if you changed any of the bar colors upon saving the template & re-loading, they reverted back to the original default colors. I added serialization to the indicator code so that if you decide to change the default colors, once you save your template, the color changes will be saved also.

Category NinjaTrader 6.5 Indicators

Details: Reversal Bar_V2
Category: NinjaTrader 6.5 Indicators

January 28th, 2010
Size: 5.45 KB
Downloaded: 765 times

Keywords: bar reversal wizard

ReversalBar - A paintbar to color reversal bars on range charts

ReversalBar - A paintbar to color reversal bars on range charts

20100106 v1.1
Fixed problem with saving color parameters.
Added purple bars for consolidation

COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (sam028)

Category NinjaTrader 6.5 Indicators NinjaTrader 7 Indicators

Details: ReversalBar - A paintbar to color reversal bars on range charts
Category: NinjaTrader 6.5 Indicators NinjaTrader 7 Indicators

January 1st, 2010
Size: 5.21 KB
Downloaded: 2302 times

Keywords: reversal range paintbar bar cunparis

VSR Indicator (Volume/Stochastic/Reversal Bars)

Hey Elite Circle Members!.. I wanted to go ahead and share something that Big Mike wrote for me that may help you in your trading. This indicator utilizes Volume, Stochastics, and Reversal Bars, to plot out potential reversals in the market.

Details here.

COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: NOT TESTED [feedback]

Category The Elite Circle

Details: VSR Indicator (Volume/Stochastic/Reversal Bars)
Category: The Elite Circle

December 4th, 2009
Size: 13.09 KB
Downloaded: 2141 times

Keywords: reversal volume stochastics

Trend and reversal indication

You could use this indicator to trade in the direction of the trend after minor pull backs reversal. It could be used in strategies. It is variation of TTM trend indicator.

COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: NOT TESTED [feedback]

Category NinjaTrader 6.5 Indicators

Details: Trend and reversal indication
Category: NinjaTrader 6.5 Indicators

November 7th, 2009
Size: 5.62 KB
Downloaded: 2483 times

Keywords: bars ninjatrader reversal trend record100